Error with C code

I have this C code that compiles ok on the server. However, when run it gives the error:
A Listen socket has been opened in the server!
The bind connection in the server could not be made!

The error is coming from the below few lines of the code:
========
      setsockopt(listenfd,SOL_SOCKET,SO_SNDBUF,(char *)&tcp_buf_size,(int)sizeof(tcp_buf_size));
      setsockopt(listenfd,SOL_SOCKET,SO_RCVBUF,(char *)&tcp_buf_size,(int)sizeof(tcp_buf_size));
      setsockopt(listenfd,SOL_SOCKET,SO_REUSEADDR,(char *)&one, sizeof(one));  

      bzero((char *)&serv_addr, sizeof(serv_addr));
      serv_addr.sin_family = AF_INET;
      serv_addr.sin_addr.s_addr = inet_addr(CT_HOST);
      serv_addr.sin_port = htons(PORT);

      if (bind (listenfd, (struct sockaddr *)&serv_addr,sizeof(serv_addr)) < 0)
            print_error("The bind connection in the server could not be made!");
      else
            printf("The bind connection in the server has been made!\n");
===============

The same code (with different CT_HOST) compiles and runs without the other error on a difference server. I do not know how to choose the port number (here I put 9031). Is that a possible problem?

#include <stdio.h>
#include <string.h>
#include <sys/types.h>
#include <sys/stat.h>
#include <fcntl.h>
#include <unistd.h>
#include <stdlib.h>
#include <time.h>
#include <errno.h>
#include <sys/times.h>
#include <string.h>

#include <errno.h>
extern int	errno;				/* Unix error number					*/

#include <libgen.h>
#include <string.h>
#include <unistd.h>
#include <sys/socket.h>
#include <sys/types.h>
#include <sys/stat.h>
#include <fcntl.h>
#include <netinet/in.h>
#include <arpa/inet.h>
#include <dlfcn.h>
#include <strings.h>
#include <netinet/tcp.h>

#ifndef HTTP_TOOLS_H
#define HTTP_TOOLS_H
#endif /* HTTP_TOOLS_H */

#define TRUE    1
#define FALSE   0

#define		CT_HOST			"xx.xxx.xxx.xxx"
#define		PORT				9031
#define		BUFFER_SIZE 			BLOCK_SIZE+4
#define		BLOCK_SIZE			4096
int main(int argc, char *argv[])
{

	int             listenfd, connfd;
	struct	sockaddr_in	serv_addr, cli_addr;
	int		tcp_buf_size=1024*256;
	int		one=1;
	pid_t	childpid;
	char		addr_str[50];
	socklen_t	cli_len;

	
	/* If any arguments supplied, quit. */
	if (argc > 1) exit(1);

	/* Create a TCP Socket */
	if ( (listenfd = socket(AF_INET,SOCK_STREAM,0)) < 0 ) 
			print_error("A Listen socket could not be opened in the server!\n");
	else
		printf("A Listen socket has been opened in the server!\n");


	setsockopt(listenfd,SOL_SOCKET,SO_SNDBUF,(char *)&tcp_buf_size,(int)sizeof(tcp_buf_size));
	setsockopt(listenfd,SOL_SOCKET,SO_RCVBUF,(char *)&tcp_buf_size,(int)sizeof(tcp_buf_size));
	setsockopt(listenfd,SOL_SOCKET,SO_REUSEADDR,(char *)&one, sizeof(one));  

	bzero((char *)&serv_addr, sizeof(serv_addr));
	serv_addr.sin_family = AF_INET;
	serv_addr.sin_addr.s_addr = inet_addr(CT_HOST);
	serv_addr.sin_port = htons(PORT);

	if (bind (listenfd, (struct sockaddr *)&serv_addr,sizeof(serv_addr)) < 0)
		print_error("The bind connection in the server could not be made!");
	else
		printf("The bind connection in the server has been made!\n");
	
....
.....

....
}

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